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Coinbase Loses $1.1 Billion in Second Quarter

Coinbase Global Inc. posted a $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares slid on the news after the close. Coinbase President and COO Emilie Choi speaks to Bloomberg’s Emily Chang.

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Coinbase Global Inc. posted a $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares slid on the news after the close. Coinbase President and COO Emilie Choi speaks to Bloomberg’s Emily Chang.

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16 Comments

16 Comments

  1. لت قا

    August 9, 2022 at 10:39 pm

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  2. CGO22

    August 9, 2022 at 10:51 pm

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  3. petra dobrev

    August 9, 2022 at 10:58 pm

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Bloomberg Technology

Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm, who supports the US AI efforts to expand, even with foreign investment.

Chapters:
00:00:55 – Arm Rebuffed by Intel on Buying Unit
00:27:00 – Fivetran CEO George Fraser
00:35:47 – DirecTV, Dish Said Close to Merger Deal
00:39:46 – Lackluster Reception to iPhone 16
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Apple’s iPhone 16 Receives a Lackluster Reception

Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…

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Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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China Stocks Set for Best Week Since 2022

Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…

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Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona Cincotta, City Index Senior Analyst joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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